Commodities Analysis & Opinion

Silver Prices: 1972 – 1979 Silver moved upward from about $1.40 in 1971, rallied to about $6.40 in March 1974, and fell to about $4.30 in August 1977. The March 1974 peak took about 3...

Gold is now at a key juncture and it should reveal its price action structure in the coming weeks. The first chart is my main Elliott Wave count and shows a Double Three Corrective Pattern (W)-(X)-(Y)...

The weakness in the price of Crude Oil in the face of all the turmoil in the Middle East is extraordinary. It certainly suggests that global economic growth remains subpar. Despite a sharp drop in...

Gold prices have edged higher on Tuesday, as the metal tries to bounce back from last week's sharp fall. In the European session, the spot price stands at $1239.11 per ounce. The US...

Today's Technical Report/Commentary:Yesterday’s gold report introduced a complete wave count for every major move after reaching the historical high in 2011. Using this wave count I have...

Gold priced in major currencies which has already broken through the February 2014 low (15) is fast approaching the July 2013 low at 14.5 (chart 1). This break of minor support has emboldened the...

The bullish sentiment that we saw on the oil markets yesterday following upbeat better-than-expected Empire State manufacturing seems to have faded this morning as oil demand prospects weighed back on...

Gold rose for a second straight session on Tuesday on technical movements, as the Fed starts its two-day meeting today. After falling to near eight month low yesterday, the yellow metal resumed its...

The bullish attempts remained limited below 1240.22 which represent a previous bottom that turned now to resistance. Stability below the referred to level brings back the negative possibility...

Brent crude is trading below the downward trend line on a duly time frame. The Brent price is trading below the 50 day (shown in red) and 100 day (shown in yellow) moving averages which means that the...

Crude is again threatening the lows so we adjusted the wave count as decline from 96, which we think it's wave five, can be expanding and not ending diagonal.On Gold we are looking for a five wave...

Talking PointsPressure On The Precious Metals Eases As Caution Persists Ahead of FOMC WTI Sustained Recovery Questionable Amid Void Of Bullish Fundamental Cues Copper Remains At A Crossroads Near...

The U.S. Empire is in real trouble.  This is due to its idiotic business model of selling quality assets while acquiring massive liabilities and debts.  Of course, the U.S. Government...

Crude OilOil prices rose in U .S. trading on Monday after mixed data weakened the U.S. dollar, though soft Chinese factory data capped oil's gains Crude gains on weaker dollar, though Chinese data...